Post-Brexit, PH exporters can now benefit from UK GSP pia.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pia.gov.ph Daily Mail and Mail on Sunday newspapers.
By TED CORDERO, GMA News
Published February 26, 2021 10:58am Philippine exports under the European Union’s Generalized Scheme of Preference Plus (GSP+) scheme will continue to enter the United Kingdom (UK) tariff-free this year despite Britain’s exit in the trading bloc, the Department of Trade and Industry (DTI) said Friday. This, after the UK replicated the market access and benefits provided by the EU’s GSP+ scheme. In a statement, the DTI said the Philippines is included in the UK GSP’s Enhanced Framework, the counterpart of EU GSP+. “The Philippines considers the United Kingdom as one of its major trading partners. We appreciate the inclusion of our country in the UK GSP and we are looking forward to resuming trade under this system,” said Trade Undersecretary Abdulgani Macatoman.
The United Kingdom’s Generalized Scheme of Preference adopts the same market access and benefits under the European Union’s GSP+, which allows Philippine exports zero tariffs upon entry.
DTI: PH exports to remain tariff-free with UK's own trade preference program post-Brexit cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
SunStar
+ December 15, 2020 TRADE in Halal-certified goods between the Philippines and Indonesia is expected to improve as the two countries have agreed to strengthen their cooperation in Halal product quality assurance.
The two nations are set to sign a memorandum of understanding (MOU) to explore cooperation, including on trade facilitation and Halal goods certification, the Department of Trade and Industry (DTI) said in a statement.
The proposed MOU was one of the key initiatives of the Philippines at the seventh Meeting of the Joint Working Group of Senior Officials for the Implementation of the Philippines-Indonesia MOU on Trade, Investment, Handicrafts and Shipping held in August 2019.